Babson hires Gartmore's Tugnait for new UCITS HY fund

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Babson hires Gartmore's Tugnait for new UCITS HY fund

Investment manager Babson Capital Europe launching a new UCITS European high yield fund and has hired head of high yield at Gartmore, Kam Tugnait, to co-manage it. He will report to Zak Summerscale, head of loans and high yield.

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